Two million customers now use Amazon Pay Later
The payment method comprises of an instant credit line to customers to pay their monthly utility bills and make purchases Amazon Pay today announced it has reached2 million customer users that have signed up under Amazon Pay Later.Launched amidst the pandemic last year to enable purchases of essentials as well as high value items allowing customer to buy now pay next month or in installments (EMIs). Amazon Pay Later is a payment method where banks and financial institutions offer an instant credit line to customers with an easy digital sign-up process and has recorded 10 million + transactions at 99.9% Payment Success Rate. Speaking on the occasion, Vikas Bansal, Director –Amazon Pay India said , “We are humbled to serve millions of customers on Amazon Pay Later and offer a virtual line of credit to customers shopping on Amazon.in.Amazon Pay Later provides a seamless payment experience with in-built security features and empowers our customers to better manage their monthly